If the price of a product is higher than the equilibrium, what will occur? A. There will be a surplus. B. There will be deflation. C. There will be a shortage. D. There will be unemployment.

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asked Aug 22, 2020 5.1k views

3 votes

If the price of a product is higher than the equilibrium, what will occur?

A. There will be a surplus.
B. There will be deflation.
C. There will be a shortage.
D. There will be unemployment.

Business
high-school

Alex Granovsky asked

by Alex Granovsky

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Answer:

there will be a shortage. C

Step-by-step explanation:

Sarine answered Aug 24, 2020

by Sarine

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1 vote

Answer: C.) there will be a shortage bc if it goes higher more people will buy it.

Step-by-step explanation:

Amyassin answered Aug 28, 2020

by Amyassin

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